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Buying pension credits: who benefits after age 50

Original: renteneintrittsalter

A debate is unfolding in Germany about whether people can improve their retirement prospects by buying into the state pension system from age 50 onward. Commentary examines who gains from purchasing additional pension credits and who is better off avoiding it, touching on gaps in contribution records and the cost-effectiveness of voluntary payments.

Why now: Germans are searching for ways to secure their retirement as discussions about the rising retirement age and pension shortfalls intensify.

Deutsche RentenversicherungGermany

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